According to iGlobal.net, a leading consultancy firm specialising in investment-based citizenship and residency, Grenada citizenship with the US E-2 visa option is a very sound second citizenship option for clients worldwide. However, it typically ranks behind the Dominica CIP which is the jurisdiction that is usually the most popular among its clientele. 

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iGlobal states that due to recent volatility in global financial markets, a historical trend in citizenship by investment has begun to re-emerge. This economic trend is certainly nothing new. It is indeed a historical fact that global migration has always been based primarily on economics. As a result, given that the global economy will be facing significant headwinds for the foreseeable future, the United States is seen as having the brightest economic prospects going forward. Therefore, new inquiries now mainly focus US immigration benefits. 

This brings Grenada citizenship into the spotlight because it is a US E-2 Treaty country. Being an E-2 treaty country is very beneficial for Grenada and its citizens because it allows them the option to live and work in the US with their families. Fortunately, this pertinent migration benefit applies equally to those who acquire Grenada citizenship through investment. Accordingly, Grenada citizenship inquiries have significantly increased over the first half of 2022. 

But this time the global migration trend has an amusing new twist. Ironically, clients seeking a brighter economic future not only include legacy clients from developing countries such as Nigeria, China and India says iGlobal. 

Indeed, new inquiries from developed economies such as Germany, Sweden and the United Kingdom are increasingly common. They are seeking a valid Plan B to hedge against a stark economic future, inevitable tax increases and the risk of political instability facing Western Europe. This is mainly due to the likely escalation of the Ukraine conflict in combination with the remnants of the global pandemic. 

Case Study: Benefits of Grenada citizenship

Visa-free travel. Grenada passport holders have visa-free access to 144 countries and territories around the world, including the Schengen Area, the United Kingdom, Ireland, Russia, Singapore, China, Hong Kong, and more. As a result, it is ranked as the world’s 33rd most powerful passport.

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Grenada has a favourable tax regime. Grenada citizenship exempts its holders from international income tax, inheritance tax, capital gains tax, and wealth tax. 

Simple programme. The Grenada citizenship requirements and application process are straightforward and no prior immigration or Grenada residency is required.

Access to the United States of America. Grenada citizens are eligible for a US E-2 visa under a treaty with the United States. Therefore, if you invest in a US business you can live and work inside the US with your spouse and children under 21 years of age. Plus, enjoy a potential US tax exemption on your international income.

Investment Options for Grenada citizenship

Taking Grenada as a case study, and typical of other Caribbean jurisdictions such as Dominica, investors from all over the world can choose from several investment options to obtain new citizenship for themselves and their families. 

The first and most popular option is by purchasing government-approved real estate in Grenada for a minimum price of $220,000 with a five-year holding period. The second most popular selection is making a nonrefundable minimum contribution of $150,000 to the National Transformation Fund.

How to get Dual Citizenship in Grenada

Applicants must sign with a qualified agent such as iGlobal.net to obtain dual citizenship in Grenada. Rest assured we will effectively guide you through the government’s three step approval process. 

First step, select the best investment option. For several reasons investment in Grenada real estate is historically the most popular selection. This allows you to obtain an investment yield during the five year holding period. 

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After the holding period is satisfied, sell the investment to a new citizenship applicant to recoup your capital while retaining Grenada citizenship in perpetuity. Additionally, real estate prices remain stable because they are pegged to the Grenada citizenship program. It is indeed a stable investment option while global real estate markets are subject to rising interest rates and a resulting drop in prices. 

Second step, fill in the application forms and gather the supporting documents. Their legal team will guide you through the process by providing filled document samples and all of the necessary information to complete the application process easily and efficiently. 

Third step, your completed application package is then submitted to the Grenada government’s CBIU office. Following that, due diligence checks on all applicants over the age of 16 will be conducted. After approval is received the applicant submits the remaining balance of the real estate investment and completes the purchase. Passport applications are then submitted and your passports are issued. The entire process can be completed within 3-4 months. 

Choose iGlobal.net for Grenada E-2 Visa

Since its inception in 2013, iGlobal.net has worked with the Grenada citizenship by investment program. As a result, the company has developed strong working relationships with Grenada’s best real estate developers and government agencies. 

We also provide essential follow up support to help you obtain all of the Grenada Tax benefits. Rest assured we can guide you through the process of obtaining your tax identification number, local driver’s license and street address. These are essentials for opening offshore bank accounts, investment accounts and establishing tax residency in your country of choice.  

Furthermore, if you have elected to pursue the US E-2 visa with your Grenada passport, rest assured that the iGlobal.net legal team located in the US provides full service to acquire the US E-2 visa. As a result, applicants can choose to invest in a franchise opportunity to qualify for the US E-2 visa. Select from over 300 turn-key business solutions. You can be living and working in the US within 6-8 weeks after receiving Grenada citizenship.

Essentially, iGlobal.net promises to provide easy access and opportunities for applicants and their families to become true global citizens. Our Plan B solutions are backed by personal experience and expert implementation. Protect your family, your freedom and your assets with iGlobal by effectively using our time tested solutions. 

Contact: Edwin Morgan

Website: https://iglobal.net/

Email: [email protected]

Telegram: +60 10 468 9761
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